SOURCE: Roadster

Roadster

December 02, 2015 09:00 ET

Roadster's New Trade-In Experience Makes Selling Your Car a Breeze

Innovator in Car Buying Introduces a Competitive Marketplace Featuring Multiple Bidders and a Firm Offer Within 48-Hours; Delivers the Convenience and Time Savings of Existing Trade-in Models, While Yielding a Much Better Sale Price

SAN FRANCISCO, CA--(Marketwired - Dec 2, 2015) - Roadster, the direct-to-consumer new car buying solution, today announced the release of a next generation, smartphone enhanced, trade-in experience. In addition to offering a unique, stress-free car buying experience, Roadster now provides customers a better alternative to accepting lowball offers for their trade-in from a dealer or investing time and effort selling to a private party. 

With its new quick and easy trade-in solution, Roadster solicits bids on trade-ins from a network of professional buyers, creating a competitive marketplace for those cars. Within 48-hours, customers are provided a firm cash offer that is typically hundreds, if not thousands, higher than a dealer might offer. If they accept the offer, Roadster arranges for home or office pickup, confirms the car's condition, drops off a check, and handles all the required DMV paperwork.

"By getting multiple bids, Roadster's new solution generates top dollar offers, but equally important, it provides customers with the most efficient and stress-free way to dispose of their old car," said Roadster CEO Andy Moss. "Over 45% of new car buyers trade-in their used cars during the purchase process, knowingly accepting a below market price in exchange for convenience. With Roadster, our customers do not need to compromise between convenience and price. They get the best of both worlds."

Optimized for smartphones, the Roadster product guides sellers through a short process to capture vehicle details and photos. "We wanted to harness the power of mobile to help our customers with the challenge of getting a competitive price for their used car, without making it cumbersome or requiring a detailed upfront inspection," said Moss. The new trade-in offering is initially available throughout California and can be leveraged by sellers regardless of whether or not they are purchasing a new vehicle with Roadster.

How does Roadster work?
Roadster dramatically improves the new car buying and leasing process by providing a complete online buying experience from shopping for to receiving a car. With Roadster, consumers can explore, compare and look for their perfect car online among hundreds of thousands of vehicles and instantly see available inventory, including specific options and packages. The Roadster Concierge team then works with dealers on the consumer's behalf to source cars and get a great price.

The Concierge team is made up of helpful, unbiased pros who work on all aspects of the purchase or lease process so consumers can avoid the many hours typically spent negotiating in the finance office of a car dealership. Before making any commitment, the consumer receives a simple Deal Sheet that outlines every aspect of the transaction including cash, lease, or finance alternatives. All paperwork is printed in advance and takes less than 15 minutes to sign as part of the delivery of the new car to their home or office. Roadster also helps consumers maximize the trade-in value of their existing car.

Roadster.com was developed to address the increasingly web-savvy car buying public who purchased 16.5 million new cars in the U.S. in 2014, up 5.9% from the previous year (Source: NADA).

About Roadster
Roadster is the most stress-free way to buy or lease a new car. Roadster dramatically improves car buying and leasing, ensuring buyers save money and time, all through a simple, transparent process. With unmatched industry expertise and complete knowledge of dealer pricing, incentives and rebates, Roadster delivers huge savings with no hidden costs. Roadster is based in Palo Alto, CA and was founded in late 2013. For more information, please visit roadster.com.

Contact Information

  • Media Contact:
    Michael Ingalls
    Natron Communications for Roadster
    +1 (917) 494-4909
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